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FX Watch: NZD/CHF and GBP/NZD’s Trend And Breakout Trades If NZ Inflation Prints Hot

Will a hot New Zealand CPI print boost the Kiwi against European currencies?

Our Event Guide for the NZ Q4 2024 CPI highlighted mixed leading indicators but noted that annual inflation may hold within the RBNZ’s target range.

But with New Zealand seeing rising producer prices and inflation expectations, there could be upside potential in the upcoming release.

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